Lic Mf Tax Plan Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 29
BMSMONEY Rating
Gro. Opt. As On: 23-07-2024
NAV ₹149.42(R) -0.03% ₹168.51(D) -0.02%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 33.79% 17.92% 18.43% 14.13% 13.83%
LumpSum (D) 35.31% 19.25% 19.8% 15.47% 15.02%
SIP (R) 43.86% 22.48% 21.37% 17.85% 15.26%
SIP (D) 45.55% 23.78% 22.74% 19.15% 16.49%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.75 0.41 0.75 -0.15% 0.11
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
12.31% -12.03% -12.86% 0.84 8.39%
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
SBI Long Term Equity Fund 1
HDFC Taxsaver 2
Quant Tax Plan 3
Motilal Oswal Long Term Equity Fund (Moflte) 4
Bank Of India Tax Advantage Fund 5
JM Tax Gain Fund 6
ITI Long Term Equity Fund 7
Franklin India Taxshield 8

NAV Date: 23-07-2024

Scheme Name NAV Rupee Change Percent Change
LIC MF Tax Plan-Regular Plan-IDCW 31.38
-0.0100
-0.0300%
LIC MF Tax Plan-Direct Plan-IDCW 37.32
-0.0100
-0.0200%
LIC MF Tax Plan-Regular Plan-Growth 149.42
-0.0400
-0.0300%
LIC MF Tax Plan-Direct Plan-Growth 168.51
-0.0400
-0.0200%

Review Date: 23-07-2024

LIC Mf Tax Plan has exhibited poor performance in the ELSS (Tax Saving) Fund category. The fund has rank of 29 out of 35 funds in the category. The fund has delivered return of 33.79% in 1 year, 17.92% in 3 years, 18.43% in 5 years and 13.83% in 10 years. The category average for the same periods is 37.73%, 19.25%, 20.96% and 15.4% respectively, which shows average return performance of fund in the category. The fund has exhibited standard deviation of 12.31, VaR of -12.03, Average Drawdown of -5.98, Semi Deviation of 8.39 and Max Drawdown of -12.86. The category average for the same parameters is 12.71, -14.08, -5.57, 9.01 and -12.33 respectively. The fund has low risk in the category.

Key Points:

  1. An investment of ₹10,000 in LIC Mf Tax Plan direct growth option would have grown to ₹13531.0 in 1 year, ₹16960.0 in 3 years and ₹24673.0 in 5 years as of today (23-07-2024).
  2. An SIP of ₹1,000 per month in LIC Mf Tax Plan direct growth option would have grown to ₹14778.0 in 1 year, ₹50869.0 in 3 years and ₹105478.0 in 5 years as of today (23-07-2024).
  3. standard deviation of 12.31 and based on VaR one can expect to lose more than -12.03% of current value of fund in one year.
  4. Sharpe ratio of the fund is 0.75 which shows poor performance of fund in the elss (tax saving) fund category.
  5. The fund has R-square of 0.82, Beta of 0.84 and Jensen's Alpha of -0.15% which exhibit average performance in the elss (tax saving) fund category .


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 2.36
2.37
-0.76 | 4.49 19 | 35 Average
3M Return % 15.33
11.00
7.11 | 16.05 2 | 35 Very Good
6M Return % 23.57
20.60
15.41 | 27.24 8 | 35 Very Good
1Y Return % 33.79
37.73
22.65 | 53.29 22 | 35 Average
3Y Return % 17.92
19.25
10.70 | 27.42 23 | 33 Average
5Y Return % 18.43
20.96
15.12 | 34.61 24 | 31 Average
7Y Return % 14.13
15.28
11.04 | 24.43 19 | 29 Average
10Y Return % 13.83
15.40
12.70 | 24.21 17 | 22 Average
15Y Return % 12.57
15.07
12.57 | 17.33 19 | 19 Poor
1Y SIP Return % 43.86
43.83
30.17 | 57.47 16 | 35 Good
3Y SIP Return % 22.48
24.50
16.55 | 35.12 21 | 33 Average
5Y SIP Return % 21.37
24.19
16.68 | 36.92 24 | 31 Average
7Y SIP Return % 17.85
20.15
14.12 | 31.13 25 | 29 Poor
10Y SIP Return % 15.26
17.18
12.83 | 26.11 18 | 22 Average
15Y SIP Return % 14.22
16.21
13.65 | 21.39 18 | 20 Poor
Standard Deviation 12.31
12.71
9.99 | 16.36 13 | 33 Good
Semi Deviation 8.39
9.01
7.16 | 11.67 8 | 33 Very Good
Max Drawdown % -12.86
-12.33
-22.81 | -6.28 23 | 33 Average
VaR 1 Y % -12.03
-14.08
-20.17 | -11.38 6 | 33 Very Good
Average Drawdown % -5.98
-5.57
-11.96 | -2.58 27 | 33 Average
Sharpe Ratio 0.75
0.95
0.28 | 1.59 28 | 33 Poor
Sterling Ratio 0.75
0.93
0.36 | 1.67 27 | 33 Average
Sortino Ratio 0.41
0.51
0.17 | 0.91 28 | 33 Poor
Jensen Alpha % -0.15
2.63
-8.40 | 13.97 26 | 33 Average
Treynor Ratio 0.11
0.14
0.04 | 0.23 25 | 33 Average
Modigliani Square Measure % 18.36
20.91
10.22 | 30.40 28 | 33 Poor
Alpha % -3.24
0.58
-7.65 | 12.32 30 | 33 Poor
Return data last Updated On : July 23, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : April 30, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 2.45 2.45 -0.67 | 4.55 19 | 35
3M Return % 15.66 11.30 7.30 | 16.31 2 | 35
6M Return % 24.35 21.26 16.27 | 28.08 8 | 35
1Y Return % 35.31 39.22 24.49 | 54.86 22 | 35
3Y Return % 19.25 20.60 11.57 | 28.25 22 | 33
5Y Return % 19.80 22.31 16.11 | 36.84 25 | 31
7Y Return % 15.47 16.51 12.08 | 26.09 20 | 29
10Y Return % 15.02 16.39 13.57 | 25.48 15 | 23
1Y SIP Return % 45.55 45.39 32.13 | 58.77 16 | 35
3Y SIP Return % 23.78 25.84 17.41 | 36.00 23 | 33
5Y SIP Return % 22.74 25.55 17.61 | 39.07 24 | 31
7Y SIP Return % 19.15 21.37 15.05 | 33.03 25 | 29
10Y SIP Return % 16.49 18.16 13.80 | 27.58 18 | 23
Standard Deviation 12.31 12.71 9.99 | 16.36 13 | 33
Semi Deviation 8.39 9.01 7.16 | 11.67 8 | 33
Max Drawdown % -12.86 -12.33 -22.81 | -6.28 23 | 33
VaR 1 Y % -12.03 -14.08 -20.17 | -11.38 6 | 33
Average Drawdown % -5.98 -5.57 -11.96 | -2.58 27 | 33
Sharpe Ratio 0.75 0.95 0.28 | 1.59 28 | 33
Sterling Ratio 0.75 0.93 0.36 | 1.67 27 | 33
Sortino Ratio 0.41 0.51 0.17 | 0.91 28 | 33
Jensen Alpha % -0.15 2.63 -8.40 | 13.97 26 | 33
Treynor Ratio 0.11 0.14 0.04 | 0.23 25 | 33
Modigliani Square Measure % 18.36 20.91 10.22 | 30.40 28 | 33
Alpha % -3.24 0.58 -7.65 | 12.32 30 | 33
Return data last Updated On : July 23, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : April 30, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D -0.03 ₹ 9,997.00 -0.02 ₹ 9,998.00
1W -1.07 ₹ 9,893.00 -1.05 ₹ 9,895.00
1M 2.36 ₹ 10,236.00 2.45 ₹ 10,245.00
3M 15.33 ₹ 11,533.00 15.66 ₹ 11,566.00
6M 23.57 ₹ 12,357.00 24.35 ₹ 12,435.00
1Y 33.79 ₹ 13,379.00 35.31 ₹ 13,531.00
3Y 17.92 ₹ 16,398.00 19.25 ₹ 16,960.00
5Y 18.43 ₹ 23,293.00 19.80 ₹ 24,673.00
7Y 14.13 ₹ 25,223.00 15.47 ₹ 27,363.00
10Y 13.83 ₹ 36,510.00 15.02 ₹ 40,538.00
15Y 12.57 ₹ 59,039.00

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 43.86 ₹ 14,680.69 45.55 ₹ 14,778.34
3Y ₹ 36000 22.48 ₹ 49,961.77 23.78 ₹ 50,869.44
5Y ₹ 60000 21.37 ₹ 102,050.16 22.74 ₹ 105,477.90
7Y ₹ 84000 17.85 ₹ 158,696.66 19.15 ₹ 166,215.25
10Y ₹ 120000 15.26 ₹ 266,787.00 16.49 ₹ 285,062.40
15Y ₹ 180000 14.22 ₹ 576,283.86


Date NAV Regular Growth NAV Direct Growth
23-07-2024 149.4217 168.5145
22-07-2024 149.4612 168.5538
19-07-2024 148.6557 167.6292
18-07-2024 151.0317 170.3031
16-07-2024 151.3832 170.6887
15-07-2024 151.3148 170.6061
12-07-2024 150.754 169.9575
11-07-2024 150.8022 170.0066
10-07-2024 150.6754 169.8582
09-07-2024 151.2244 170.4717
08-07-2024 150.4665 169.6119
05-07-2024 151.1428 170.358
04-07-2024 150.696 169.849
03-07-2024 150.0879 169.1582
02-07-2024 148.5432 167.4119
01-07-2024 148.5863 167.4551
28-06-2024 147.323 166.0155
27-06-2024 147.0414 165.6928
26-06-2024 146.5553 165.1398
25-06-2024 146.238 164.777
24-06-2024 145.9813 164.4824

Fund Launch Date: 11/Jan/1997
Fund Category: ELSS (Tax Saving) Fund
Investment Objective: To provide capital growth along with tax rebate and tax relief to our investors through prudent investments in the stock markets. However, there is no assurance that the investment objective of the Schemes will be realized.
Fund Description: An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit.
Fund Benchmark: Nifty 500 Total Return Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.